ATLANTIC INTERNATIONAL ENTERTAINMENT, LTD. LICENSE AGREEMENT
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AIE INTERNET CASINO EXTENSION (ICE)
THIS SINGLE USER LICENSE AGREEMENT IS A BINDING AGREEMENT BETWEEN PATROON
AGENCY, INC. (USER) AND ATLANTIC INTERNATIONAL ENTERTAINMENT, LTD. FOR THE
SOFTWARE SYSTEM PRODUCT (ICE), WHICH INCLUDES COMPUTER SOFTWARE AND ASSOCIATED
PRINTED MATERIALS. BY INSTALLING OR OTHERWISE USING THE SOFTWARE SYSTEM PRODUCT
(ICE), USER AGREES TO BE BOUND BY THE TERMS OF THIS AGREEMENT.
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SOFTWARE SYSTEM PRODUCT LICENSE
The Software Systems Product is protected by copyright laws and International
copyright treaties as well as other intellectual property laws and treaties.
This Software System Product is licensed and not sold.
1. GRANT OF LICENSE. This SINGLE USER LICENSE AGREEMENT grants USER the
following rights:
o User may install and use one copy of the Software System Product.
This Software System Product may not be shared or used
concurrently at more than one location.
2. DESCRIPTION OF OTHER RIGHTS AND LIMITATIONS.
o User may not reverse engineer, decompile, or disassemble the
Software System Product.
o The Software System Product is licensed as a single product. Its
component parts may not be separated for use other than for one
specific application.
o User may not rent, lease, sell, transfer or assign the Software
System Product without written consent of Atlantic International
Entertainment, Ltd.
o This is a non-expiring license. Without prejudice to any other
rights, Atlantic International Entertainment, Ltd. may terminate
this SINGLE USER LICENSE AGREEMENT if user fail to comply with
all terms and conditions of this agreement. In such event, User
must must destroy all copies of this product.
3. COPYRIGHT. All title and copyrights to the Software System Product are
owned by Atlantic International Entertainment, Ltd.
4. FEE. $450,000 , Payable $30,000 upon signing this agreement or no later
than January 17, 1997, balance upon installation of Software System by
Atlantic International Entertainment, Ltd., in USER'S computers, payable,
at users option, 50% of the net win or 48 equal monthly payments. For
additional copies of the Software System in the same location the license
fee per copy is $350,000 for five copies and $400,000 for an additional
five copies. Terms to be negotiated at the time of sale.
5. SUPPORT AND UPGRADES. USER will also pay $2000 per month for telephone
technical support and software upgrades per copy until the balance is paid.
After the balance is paid the fee shall be $1000 per month for the duration
of this agreement.
ATLANTIC INTERNATIONAL ENTERTAINMENT, LTD. TO THE MAXIMUM EXTENT PERMITTED BY
DELAWARE LAW, DISCLAIM ALL WARRANTIES, EITHER EXPRESSED OR IMPLIED WITH REGARD
TO THIS PRODUCT AND IN NO EVENT SHALL ATLANTIC INTERNATIONAL ENTERTAINMENT, LTD.
BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, OR CONSEQUENTIAL DAMAGES
WHATSOEVER ARISING OUT OF THE USE OF THIS PRODUCT.
Agreed to this 27th day of December, 1996
Patroon Agency, Inc. Atlantic International Entertainment, Ltd.
00000 Xxxxxx Xxxxx Xx. 0000 Xxxxxxxxx Xxxx., Xxxxx 000
Xxxxxxxx, Xx. 00000 Xxxx Xxxxx, Xxxxxxx 00000
BY: /s/ Xxxxxx Xxxx BY: /s/ Xxxxxxx Xxxxxxx
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Xxxxxx Xxxx, President Xxxxxxx Xxxxxxx, President
